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The Ontario Court of Appeal, in Amherst Crane Rentals Ltd. v. Perring, (2004) D.T.C. 6584 has ruled that in certain circumstances proceeds of an RRSP are excluded from the estate of an owner and therefore protected from the creditor’s estate.

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"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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